No. C.K. Mack, LLC retains ownership and responsibility for all assets offered for investment. Investors are investing in a peer to peer transaction through C.K. Mack Montana Alpha, LLC; this is the entity that invests in the securities offered by C.K. Mack, LLC.
C.K. Mack Montana Alpha, LLC was created to help non-accredited investors benefit from the returns offered by C.K. Mack, LLC. C.K. Mack Montana Alpha, LLC does not make any money. All associated costs to run the company are absorbed by C.K. Mack Montana Alpha, LLC.
As a rule, tenants pay their rent on time every month. However, certain tenants undergoing financial stress may be late with their payments. Each state has their own legal process for notification and collection of past due rent which we strictly abide by. Should tenants not pay their rent, we may choose to work with them to get caught up on their rent or ask them to leave and re-rent the property. If tenants refuse to leave we will follow the eviction process for whichever state the property is located. While your cash flow may be impacted in the short term due to the eviction process, it will resume as soon as the property is re-rented.
Return on investment is directly proportionate to your ownership of C.K. Mack Montana Alpha, LLC vs. the income from the securities. For all intents and purposes, your return is calculated by subtracting all costs to maintain and operate the property from the monthly rent collected, annualized then divided by total amount offered up for investment.
You are investing in a peer to peer transaction through C.K. Mack Montana Alpha, LLC. The company facilitates the purchase of “Net Rent Shares” from C.K. Mack, LLC and you receive rent based on the individual performance of the properties you invest in.
C.K. Mack Montana Alpha, LLC limits non-accredited investors to $10,000 in investments. If you qualify as an accredited investor, you have no investment limits. You can find the accredited investor qualifications here: https://www.sec.gov/files/ib_accreditedinvestors.pdf
C.K. Mack Montana Alpha, LLC requires that all investors have their money invested for at least 12 months. After your initial 12 months, you are free to sell or trade your securities. We offer a buyback program where we will purchase your investment for what you paid for it.
Investments offered by C.K. Mack Montana Alpha, LLC are classified as "at risk investments", due to the fact that they are not FDIC insured, we do not guarantee any returns, nor are they guaranteed by any bank or other financial institution. As with similar investment products, should conditions change an investor may lose some or all of their investment. We are required by SEC Federal Regulations to notify you of this risk.
C.K. Mack Montana Alpha, LLC does not guarantee principle or cash flow payments. While we take every precaution to insure the stability of your investment, all investments are subject to risk and we recommend that you do not invest any more than you can afford to lose.
We do not guarantee returns. However, when we do have a net positive return, we deposit any gains into your C.K. Mack account. Rent is input on the 3rd day of the following month after all costs have been deducted to determine the net return.
We have set up a unique investment system where we do not require the property to be fully funded. If the property has a net positive month, you will typically see your return deposited into your C.K. Mack account on the 3rd day of the following month.